Wood Group secures $50m North Sea contract from Nexen

GARETH MACKIE

Oil services firm Wood Group has won a $50 million (£31.2m) contract from Nexen Petroleum to carry out work on the Golden Eagle field development in the North Sea.

The Aberdeen-based group said its PSN subsidiary, which employs more than 8,000 people across the UK, will be responsible for hooking up and commissioning offshore facilities for the field, situated about 68 miles north-east of Aberdeen, with first production expected late next year.

About 100 people will work on the two-year project, which will be developed using two platforms connected by a 70-metre bridge.

Wood Group PSN managing director Dave Stewart said the firm has a long history of working with Nexen, having previously delivered hook-up and commissioning services for the Buzzard platform enhancement project.

He added: “We will be deploying a high-performing management team, familiar with Nexen’s assets and processes, who have a track record of developing a positive project work culture that delivers results safely and on time.”